
Rent Reasonableness Determination
Rent Reasonableness Determination
OHA pays market rents to property owners who choose to rent to HCV participants. Several factors go into determining the market rate of a property, including use of rental comparables, or “comps.”
The attached FAQ addresses questions related to how rent is calculated, how much rent participants pay and how the HAP contract rent is determined.
Voucher Payment Standards
Voucher Payment Standards- 2024
Bedroom Size | Payment Standard |
---|---|
0 | $1,846 |
1 | $2,225 |
2 | $2,729 |
3 | $3,607 |
4 | $4,294 |
5 | $4,938 |
6 | $5,678 |
Payment Standards will determine the maximum housing assistance a Housing Choice Voucher participant can receive.
The Payment Standard for a family is the lower of (1) the payment standard for the family property size, which is defined as the appropriate number of bedrooms for the family under OHA’s subsidy standards, or (2) the payment standard for the size of the dwelling property rented by the family.